Word: consumerized
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Dates: during 1980-1989
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Some Wall Streeters are experiencing acrophobia. Others talk of vertigo. Whatever the buzz word, the feeling is the same: stock speculators have suddenly become woozy about the market's new heights. After a 230-point rise in 1988, the Dow Jones industrial average has zoomed more than 500 points this...
The Home Shopping Network in Clearwater, Fla., has bought into a spree of bad luck. The company, which markets consumer goods on its phone-in TV shows, has made a series of ill-advised acquisitions; its stock price has slipped from a 1987 high of $47 a share to less...
So far, grumbling has been kept to a minimum. The blow has been softened by a rise of more than 100% in wages in the past twelve months; with too much money chasing too few goods, large amounts of cash are waiting to be soaked up. Moreover, workers and pensioners...
Last week the Soviet leader managed to keep his balance atop a couple of spectacularly unpredictable waves. The last of some 300,000 striking coal miners, whose walkout at one point threatened to spread to rail workers and paralyze the vast Soviet Union, returned to their pits, mollified by a...
Since 1982, the FAA has allowed passengers with children to bring their own federally approved infant car seats onto planes, but it rejected a consumer request that safety seats be required. Airlines discourage children's seats by failing to tell parents that they are allowed. Many families would probably pass...